Europe: Brent oil declines, TTF gas rises amid supply disruptions, CO2 prices hold above €70 in late May
Brent oil futures for the Front Month on the ICE market reached their highest settlement price of the week on […]
Europe: Electricity market prices drop in late May amid renewable surge, but Iberian and Italian prices set to rise
In the fourth week of May, average electricity prices decreased in most major European markets compared to the previous week.
European electricity demand trends: Mixed movements amid temperature changes in late May
During the week of May 19, electricity demand declined in most major European markets compared to the previous week. Belgium
Solar and wind energy trends in Europe: Iberian solar growth and widespread wind gains in late May
In the week of May 19, solar photovoltaic energy production increased for the third consecutive week in the Iberian markets.
Serbia: Brus Municipality to host two new solar power plants in Lepenac area
Two new solar power plants are planned for construction in the municipality of Brus, within the cadastral area of Lepenac.
Romania to add 2.5 GW of new power capacity in 2025, driven by renewables and gas
Romania is set to add 2.5 GW of new electricity generation capacity in 2025, marking a major increase from the
Romania: Nuclearelectrica sees lower profit despite strong revenue growth in Q1 2025
Romania’s nuclear energy operator Nuclearelectrica reported a net profit of 102.7 million euros in the first quarter of 2025, marking
Montenegro attracts global interest in renewable energy projects and grid modernization
Investors from the United Arab Emirates, France, and the United States have expressed strong interest in Montenegro’s energy sector, particularly
Montenegro: EPCG faces major financial strain amid TPP Pljevlja shutdown and rising electricity demand
Montenegro’s state-owned power utility EPCG is bracing for a significant financial shortfall in 2025, according to CEO Ivan Bulatović. To
Albania: Electricity production drops in Q1 2025 amid rising imports and lower exports
According to the Albanian Institute of Statistics (INSTAT), Albania produced 2,234 GWh of electricity in the first quarter of 2025,
Europe: Wind turbine orders reach 5.8 GW in Q1 2025 despite quarterly decline
In the first quarter of 2025, ten European countries collectively ordered wind turbines with a total capacity of 5.8 GW,
Slovenia: Ljubljana’s TE-TOL reduces coal use with new gas-steam unit
Ljubljana’s main district heating plant, TE-TOL, has officially taken over a new gas-steam unit, significantly reducing its dependence on coal.